The woes continue to mount for the housing market, especially prospective homebuyers. The latest bad news: the 30-year fixed-rate mortgage averaged 5.30% in the week ended May 12, the highest since July 2009, according to housing agency Freddie Mac. That compares to 5.27% a week earlier and 2.94% a year earlier . This means a…
Tag: estate
NYC’s Rainbow Bagel store closed ‘due to health concerns’
This one will leave a hole in the heart of bagel lovers. The oh-so trendy Rainbow Bagel’s Brooklyn home base, the Bagel Store, has unexpectedly shuttered. The news was first reported by bagel event producer and enthusiast Sam Silverman, who posted on Monday that the Bagel Store’s Instagram bio had been updated to bear the…